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[User Discussion] - Help to create an Imbalance Footprint as seen below

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[2021-09-07 16:41:20] #1 [Go To First Post]
User367398 - Posts: 2
Hello, I have been struggling to configure Sierra Chart for the past two months to create a typical Imbalance footprint which I have studied from Trevor Harnett, who trains people through Market Delta. Aside from the usual red and green highlights shown commonly in charts, the Imbalance footprint changes the font colour of the figures themselves, maintaining the colour of an imbalance for a continuous trend, or changing the colour (for example from red to green) at a point of reversal. I have identified that using this footprint in particular is the best way for me to understand the order flow. I have attached an example of the ideal chart I would like to configure. Please could you help me with the template/settings required for this which may include: - Study Settings - Settings and Inputs, which are under Chart Studies Please let me know if there are other methods available to create this Imbalance footprint as shown here. Thanks, Austin


Typical Imbalance Footprint.PNG / V - Attached On 2021-09-07 16:35:46 UTC - Size: 290.06 KB - 888 views

[2021-09-07 18:03:27] #2 [Go To First Post]
cmet - Posts: 538
You need more specifics: What ratio do you want to use for an imbalance? What are the numerical values in the lower pane?

[2021-09-07 18:30:45] #3 [Go To First Post]
cmet - Posts: 538
No idea what those rectangles are above your price bars or the numbers below but this should point you in the right direction. 5T reversal with 400% diagonal imbalance. Chartbook attached.


ImbalanceFootprint.Cht - Attached On 2021-09-07 18:30:25 UTC - Size: 4.52 KB - 657 views

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